India, April 24 -- UK stocks are slightly weak on Thursday as renewed concerns about U.S. government's trade policy and uncertainty about U.S. tariffs on China weigh on sentiment.
U.S. has signaled it willingness to reduce tariffs on China, but only through mutual agreement. China has denied any ongoing talks with Washington.
A day after Trump signaled a possible shift in his trade war with China, White House Press Secretary Karoline Leavitt said in an interview with Fox News that there will be no unilateral reduction in tariffs on goods imported from China.
Treasury Secretary Scott Bessent also clarified that such a move would not come unilaterally and there was no timeframe for engagement, casting doubt on a timely resolution to the tr...